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To: AllansAlias who wrote (39517)5/16/2002 11:31:50 PM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
AA, we haven't tested the highs from Wednesday yet. This may just be a ramp to "test" the highs and a crap into Max Pain.

Max Pain NDX is 1300. I think we magically end up there at the end of the day. SOXX is above pain, as is MSFT and others. I doubt that will stay that way.

The gap will kill shorts that cover, strand longs that buy, and blow stops before a drop to Max Pain. It's actually a thing of beauty in a Marquise de Sade kind of way.


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